This bar graph illustrates the number of small businesses in Canada through their yearly revenue from 2015 to 2010 to 2025. It reveals a significant increase in 2025. It also highlights a noticeable change in a sudden decrease from 2015 to 2020, and a sudden increase from 2020 to 2015. This essay will explain how the graph illustrates the increase and decrease in the number of small businesses from 2015 to 2020 and beyond.
First of all, there is a significant increase in 2025 compared to 2015 and 2020. In 2015, there were only around 28thousands small businesses that had 100,000 or more annual revenue. In 2020, the number of small businesses decreased to 27thousands. However, there are around 33,000 small companies that had an annual revenue of $100,000 or more. On the other hand, this graph also shows a noticeable change from 2015 to 2025. In 2015, there were 15thousands small businesses that earned 75thousands to 99thousands in a year. However, the number of small businesses having an 75thousands to 99thousdand income decreased to around 14 thousand small businesses. In 2025, the number of small businesses having an 75thousands to 99thousdand income increased again back to 15thousands of small companies, which is the same amount as the number of small businesses in 2015.
In conclusion, this graph shows the annual revenue of small businesses in Canada from 2015 to 2020, and 2025. This graph shows how the number of small businesses with an income of 100,000 or more increased from 2020 to 2025. It also suggests the decrease of the number of small businesses having an 75thousands to 99thousands of incomeome from 2015 to 2020.